Stocks swoon as Treasuries sound recession alarm - BNN


7/12/2022 12:00:00 AM2 years 9 months ago
by Bloomberg News

Stocks slumped ahead of a key inflation report, with the Treasury curve inversion deepening to levels last seen in 2007 amid fears that rate hikes will sink the economy into a recession.

Stocks dropped before Wednesdays inflation report, with the Treasury curve inversion deepening to levels last seen in 2007 amid fears that aggressive rate hikes will sink the economy into a recession… [+4465 chars]

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